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283 Fall River Ave, Seekonk MA 02771

$725,000

Estimated $1,581.66/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $241,666.67

Total Rent: 48000/year

Estimated CAP Rate: 5.95%

5 Bedrooms

3 Full Baths

3,200 SqFt

Total Parking: 13 (3 Garage)

17,424 SqFt

Welcome to this versatile 3-family property, perfect for investors or owner-occupiers. Located in a desirable neighborhood, it features two units with 2 bedrooms and 1 bathroom each, and one unit with 1 bedroom and 1 bathroom. The 3-stall garage generates $200 monthly rent. Enjoy a communal yard ideal for relaxation and socializing. With solid construction and upgrade potential, it's close to amenities, schools, and public transport. Live in one unit and rent the others for steady income. Contact us today to schedule a viewing.

This home has been viewed 73 times

Last Checked: October 7th, 2024 at 4:29pm (Source: MLS PIN #73249931)

Gross Income: $48,000

Gross Expenses: $4,873

Net Income Calc: $43,127

CAP Rate: 5.95%

Annual Expenses for 283 Fall River Ave, Seekonk MA 02771

Total Gross Expenses (Calculated)$4,873/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,873

Annual Income & Unit Breakdown for 283 Fall River Ave, Seekonk MA 02771

Total Gross Income (Calculated)$48,000

Unit 1

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 3

Rental Income$1,000

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent IncludesNo

General Information for 283 Fall River Ave, Seekonk MA 02771

Listing ID73249931

Property TypeMulti Family / 3 Family

Price$725,000 ($226.56/SqFt)

Style3 Family - 3 Units Up/down

CitySeekonk

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,200 SqFt

Approximate Lot Size (Acres)0.4 acres

Total Parking13 (3 Garage)

Garage Parking3 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesNo

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoningres

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 283 Fall River Ave, Seekonk MA 02771

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$48,000

Total Net Income By Broker$48,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 283 Fall River Ave, Seekonk MA 02771

Real Estate Taxes$4,873

Tax Year2023

Assessed Value$371,700

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$48,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$48,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.95%

Location Information for 283 Fall River Ave, Seekonk MA 02771

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 283 Fall River Ave, Seekonk MA 02771

Agent

Name: Kyle Seyboth

Office

Name: Century 21 The Seyboth Team

Phone: 508-726-3492

Team Members

Payment Calculator

, Interest

Property Taxes 406.08

Principal & Interest 4467.22

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 The Seyboth Team

Kyle Seyboth

Agent Phone

Office Phone

(508) 726-3492

Text Agent Call Agent Call Office

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)

EXIT

Withdrawn

283 Fall River Ave, Seekonk MA 02771

$725,000

Annual Expenses for 283 Fall River Ave, Seekonk MA 02771

Annual Income & Unit Breakdown for 283 Fall River Ave, Seekonk MA 02771

General Information for 283 Fall River Ave, Seekonk MA 02771

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Financial Information for 283 Fall River Ave, Seekonk MA 02771

Location Information for 283 Fall River Ave, Seekonk MA 02771

Contact Information for 283 Fall River Ave, Seekonk MA 02771

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Exclusive Listing Agent

Century 21 The Seyboth Team

Kyle Seyboth